Mvb Financial Corp Stock Beneish M Score

MVBF Stock  USD 21.51  0.78  3.50%   
This module uses fundamental data of MVB Financial to approximate the value of its Beneish M Score. MVB Financial M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Check out MVB Financial Piotroski F Score and MVB Financial Altman Z Score analysis.
  
At this time, MVB Financial's Long Term Debt To Capitalization is most likely to slightly decrease in the upcoming years. At this time, MVB Financial's Free Cash Flow Yield is most likely to increase slightly in the upcoming years. The MVB Financial's current Operating Cash Flow Per Share is estimated to increase to 2.42, while PTB Ratio is projected to decrease to 0.97.
At this time, MVB Financial's M Score is unavailable. The earnings manipulation may begin if MVB Financial's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by MVB Financial executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of MVB Financial's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-2.49
Beneish M Score - Unavailable
Elasticity of Receivables

1.0

Focus
Asset Quality

0.95

Focus
Expense Coverage

1.28

Focus
Gross Margin Strengs

0.96

Focus
Accruals Factor

1.28

Focus
Depreciation Resistance

1.0

Focus
Net Sales Growth

1.05

Focus
Financial Leverage Condition

1.02

Focus

MVB Financial Beneish M-Score Indicator Trends

The cure to earnings manipulation is the transparency of financial reporting. It will typically remove the temptation of the top executives to inflate earnings (i.e., to promote the idea of 'winning at any cost'). Because a healthy internal audit department can enhance transparency, the board should promote the auditors' access to all the record-keeping systems across the enterprise. For example, if MVB Financial's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Receivables2.4 B2.3 B
Sufficiently Up
Slightly volatile
Total Revenue152 M144.8 M
Sufficiently Up
Slightly volatile
Total Assets3.5 B3.3 B
Sufficiently Up
Slightly volatile
Total Current Assets547.2 M398.2 M
Significantly Up
Pretty Stable
Non Current Assets Total3.1 B2.9 B
Sufficiently Up
Slightly volatile
Property Plant Equipment45.3 M43.2 M
Sufficiently Up
Slightly volatile
Depreciation And Amortization5.3 MM
Sufficiently Up
Slightly volatile
Selling General Administrative31.1 M23.2 M
Significantly Up
Slightly volatile
Total Current Liabilities2.3 B2.2 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total3.2 BB
Sufficiently Up
Slightly volatile
Short Term Debt6.3 M6.6 M
Notably Down
Slightly volatile
Long Term Debt79.7 M80.3 M
Slightly Down
Slightly volatile
Operating Income44.2 M42.1 M
Sufficiently Up
Slightly volatile
Short Term Investments362.5 M345.3 M
Sufficiently Up
Slightly volatile
Long Term Investments403.2 M462.1 M
Fairly Down
Slightly volatile
Gross Profit Margin1.061.1
Sufficiently Down
Slightly volatile

MVB Financial Corp Beneish M-Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to detect the potential manipulation of earnings. Understanding the correlation between MVB Financial's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards MVB Financial in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find MVB Financial's degree of accounting gimmicks and manipulations.

About MVB Financial Beneish M Score

M-Score is one of many grading techniques for value stocks. It was developed by Professor M. Daniel Beneish of the Kelley School of Business at Indiana University and published in 1999 under the paper titled The Detection of Earnings Manipulation. The Beneish score is a multi-factor model that utilizes financial identifiers to compile eight variables used to classify whether a company has manipulated its reported earnings. The variables are built from the officially filed financial statements to create a final score call 'M Score.' The score helps to identify companies that are likely to manipulate their profits if they show deteriorating gross margins, operating expenses, and leverage against growing revenue.

Depreciation And Amortization

5.25 Million

At this time, MVB Financial's Depreciation And Amortization is most likely to increase significantly in the upcoming years.

MVB Financial Earnings Manipulation Drivers

Although earnings manipulation is typically not the result of intentional misconduct by the c-level executives, it is still a widespread practice by the senior management of public companies such as MVB Financial. It is usually done by a series of misrepresentations of various accounting rules and operating activities across multiple financial cycles. The best way to spot the manipulation is to examine the historical financial statement to find inconsistencies in earning reports to find trends in assets or liabilities that are not sustainable in the future.
201920202021202220232024 (projected)
Net Receivables49.7M69.9M63.2M89.3M2.3B2.4B
Total Revenue124.0M160.7M139.8M150.1M144.8M152.0M
Total Assets1.9B2.3B2.8B3.1B3.3B3.5B
Total Current Assets326.0M756.2M794.8M509.4M398.2M547.2M
Net Debt182.3M(232.3M)(237.1M)145.1M(317.9M)(302.0M)
Short Term Debt12.1M12.0M13.4M11.7M6.6M6.3M
Long Term Debt227.0M43.4M73.0M185.4M80.3M79.7M
Operating Income35.4M46.9M49.0M28.0M42.1M44.2M
Investments(120.7M)(231.4M)(485.5M)(623.3M)143.6M150.8M

MVB Financial ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, MVB Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to MVB Financial's managers, analysts, and investors.
Environmental
Governance
Social

About MVB Financial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze MVB Financial Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MVB Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MVB Financial Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

When determining whether MVB Financial Corp is a strong investment it is important to analyze MVB Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MVB Financial's future performance. For an informed investment choice regarding MVB Stock, refer to the following important reports:
Check out MVB Financial Piotroski F Score and MVB Financial Altman Z Score analysis.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MVB Financial. If investors know MVB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MVB Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.45)
Dividend Share
0.68
Earnings Share
1.41
Revenue Per Share
10.922
Quarterly Revenue Growth
(0.1)
The market value of MVB Financial Corp is measured differently than its book value, which is the value of MVB that is recorded on the company's balance sheet. Investors also form their own opinion of MVB Financial's value that differs from its market value or its book value, called intrinsic value, which is MVB Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MVB Financial's market value can be influenced by many factors that don't directly affect MVB Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MVB Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if MVB Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MVB Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.